Market Overview

A broad set of US economic indicators continue to show that the odds are low that an NBER-defined recession has started or is imminent. This profile upends the dark narrative favored in some quarters....

Corporate greed is not causing inflation, despite the claims of many on the some who failed to understand the very basics of economic supply and demand. “If you take a look at what people have,...

Dollar extends slide on thin holiday trading More Fed officials to step onto the rostrum Euro gains ahead of key inflation data Wall Street set to open higher, oil rebounds Will Fed officials come to...

Hello traders, I hope you had a fantastic weekend!Some traders were off yesterday due to the holidays in the US and UK, so the market could have started off slow. However, the rest of the week is...

Gold Rose on a Weaker US Dollar and Persisting Geopolitical TensionsGold (XAU) gained 0.72% on Monday as the US dollar (USD) weakened due to the US and U.K. bank holidays. Last week's Federal Open...

Yesterday was a slow Monday. The US and the UK markets were closed, the news flow was light and the trading volumes were thin.The barrel of US crude trades a touch below its 100-DMA. The tense...

Market Overview: S&P 500 Emini FuturesThere was no weekly S&P 500 Emini follow-through buying following last week’s breakout above the March 21 high. The bulls see this week simply as a...

US dollar stabilizes after profit-taking pullback Investors agree with Fed’s ‘higher for longer’ view Wall Street rebounds as AI remains main driver Gold gains, but remains well off...

It will be a holiday-shortened trading week, with markets in the US Closed today for Memorial Day. We had some typical holiday-like price action on Friday, with light trading volumes and the typical...

We had a roller-coaster month of May in terms of central bank expectations. The month began with the Federal Reserve’s (Fed) decision to hold the interest rates steady, and Jerome Powell saying...

We all know the problem with fiat currency: the temptation to print more currency is irresistible, but ultimately destructive. Money in all its forms attracts quasi-religious beliefs and convictions....

As we discussed recently, Wall Street economists increasingly believe the risk of recession has fallen sharply. To wit: “Economists don’t think the economy will get even close to a...

The "Fear of Missing Out" can cloud your judgment and lead to hasty trading decisions

The monetary policy outlook has been uncertain, but primarily in terms of the timing of the first rate cut. But that’s starting to change as the Fed funds futures price in the possibility of a...